111: Time to Get Rich with Grant Cardone

On this episode of Build Your Network, Host Travis Chappell interviews Grant Cardone, massively successful entrepreneur, real estate investor, sales trainer, consultant, and public speaker.

Here’s what Travis and Grant discuss in this episode:

  • About Grant Cardone
    • Owns the Grant Cardone TV network
      • Hosts, directs and produces programs that help people do whatever it takes to succeed.
    • Bestselling books – The 10x Rule, Be Obsessed or Be Average.
  • Where it all started
    • Grant’s dad started making good money and they bought a lake house.
    • Their neighbors were doctors, he felt that his parents had made it.
    • His dad passed away 18 months after he bought his dream house.
    • As a child, he was collecting data on everything around him.
      • He was crushed – he had an ideal life and then it abruptly came to an end.
      • He went from grief to pissed off.
    • When he was ten they moved back into the city.
  • What happened when he was a teenager.
    • Drugs came along, he knew as soon as he picked up weed that it was a problem.
      • Now he has shame and guilt, fear, and he’s stealing.
      • Next thing he knows he’s smoking week every day, popping pills, drinking.
    • When he’s 23, he had guys at the house and they had someone there to rob him.
      • He went to the hospital for four days, he was using drugs in the hospital.
        • He couldn’t stop because by this time he had a compulsion and addiction.
      • His mom told him not to come back – he finally went to the treatment center.
        • He realized that quitting was possible
        • He was told that he would never make it in business and needed to be obsessed with staying away from drugs.
        • He never did drugs when he was active, it’s only when he was bored.
      • He came back from treatment and took all the addictive energy and put it into his job.
        • He reached the top 1% of all the auto salesman around.
        • Your network has to have open eyes, be honest, and have ethics.
      • The automotive environment he was in was filled with a lot of very average people.
        • Prior to being in this industry, he had always been searching for a mentor.
          • He started watching all the gangster and James Bond movies.
        • He was searching for “who can I be” and there weren’t a lot of good role models there.
        • When you study mentors, you’ve got to find out where they are in the cycle.
      • The middle class in America is based on comparisons.
        • To a degree, even rich is a fancy middle class.
        • You need to go out and prove that you’re blessed.
          • The great payback is to prove that there’s a God and fulfill your potential.
        • Do you believe that what you know or who you know is more important and why?
          • Who you know, your connections accelerate everything.
          • You don’t want to compete with people, you want to collaborate with people.
          • There are a lot of people who are less talented than Grant who became successful faster.
          • What does sharing the platform to for Grant?
            • It edifies him.
          • You need to eat with kings and queens and power players
          • You need to flow power to people.
            • Give, give, give – don’t try to get something or get on his stage.
            • Flow power to power
            • The temptation is to help people who haven’t earned it yet.
            • The guy that helps broken people over and over is broken himself and is looking to fix his own brokenness.
          • What’s your number one tip on networking?
            • Make a list – who do you want to network with?
            • You work for people, not companies.
            • You need to read a book, read everything a certain person puts together and learn from him or her.
          • Estimate how much you’ve spent on mentorship, books, etc.
            • Success is a direct result of the time and money you put into development.
            • He’s spent millions of dollars just to be in the right places.
          • The reason people don’t want to do the self-improvement thing is that education failed them.
            • Very few people attribute school to where they are today.
          • Is there too much learning?
            • Keep learning, eventually, something will stick.
            • You need a bunch of bad books, mentors, and advice to know what’s good.
            • You don’t need a life coach, you need a business coach.
            • It’s never too early or too late, and there’s never too much.
            • Frequency is the way to greatness.
              • Unless it’s bad for you, don’t quit.
            • Why is it bad to buy a house?
              • Houses are made for banks, not people.
              • Houses are a ball and a chain in the cement and you can’t leave it.
              • Don’t buy where you live, only own real estate you make money from.
              • He only buys things that give him a check.
                • His plane was paid for in three months – it helps him get to the network that gets him more money.
              • What real estate do you invest in?
                • Multi-family or office properties.
                • Has to cash flow from day one.

The Random Round:

      • What profession other than your own do you think it would be fun to attempt?
        • The Wall Street Hustle
      • If you could sit on a park bench with anyone for an hour who would it be, and why?
        • Jesus
        • Kennedy
      • How do you like to consume content best, books, blogs, podcasts, or videos?
        • Course room
      • Give us a glimpse of your morning routine
        • Wake up and go to the bathroom
        • Write goals down
        • Work out
        • Eat
        • Work
      • What is your go-to pump up song?
        • Doesn’t have one
      • What are you not very good at?
        • Organizing
        • Grammar
      • What is one place where we can find you online?
        • Wherever you are

Tweetable Quotes:

  • People underestimate kids, there could be 50 things going on and kids pick up on all 50 of them.
  • Everybody obsesses about something.
  • It’s the people in life who care for you that cause the most damage.
  • Flow power to power.

Resources Mentioned:

Buildyournetwork.co– Podcast website

BYN.media/fb – Facebook Group

Grant Cardone’s site

The 10x Rule Book

Be Obsessed or Be Average Book

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